Cash flow New Gold Inc.

Equities

NGD

CA6445351068

Gold

Market Closed - Toronto S.E. Other stock markets 16:00:00 2025-12-08 EST			5-day change	1st Jan Change
10.36 ^CAD	-2.72%		-10.69%	+188.58%

12-01	New Gold Upgraded to Buy at TD	MT
11-03	Coeur Mining if deal terminated under some circumstances, Coeur or New Gold to pay other party fee of $413.7 million & $254.7 million respectively	RE

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Published financial data: NEW GOLD INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	643M	746M	604M	786M	924M
Total Revenues	643M	746M	604M	786M	924M
Cost of Goods Sold, Total	352M	378M	383M	450M	436M
Gross Profit	292M	367M	222M	336M	488M
Selling General & Admin Expenses, Total	15.6M	21.8M	23.9M	29.9M	38.6M
Exploration / Drilling Costs, Total	5.8M	11.2M	16M	10.2M	19.8M
Stock-Based Compensation (IS)	7.6M	2.2M	-	-	-
Depreciation & Amortization - (IS)	193M	196M	195M	234M	248M
Impairment of Oil, Gas & Mineral Properties - (IS)	-	-	-	-	-
Other Operating Expenses	4.3M	3.9M	4.5M	4.7M	4.7M
Other Operating Expenses, Total	226M	235M	240M	279M	311M
Operating Income	65.5M	133M	-18.1M	57.1M	178M
Interest Expense, Total	-48.7M	-24.4M	-13.3M	-2.3M	-3.1M
Interest And Investment Income	1.1M	300K	3.8M	7.5M	6.9M
Net Interest Expenses	-47.6M	-24.1M	-9.5M	5.2M	3.8M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	10.2M	2.9M	4.2M	-100K	3.7M
Other Non Operating Income (Expenses)	-77M	-75.9M	-5.6M	-117M	-142M
EBT, Excl. Unusual Items	-48.9M	35.5M	-29M	-54.5M	43.1M
Restructuring Charges	-	-	-2.1M	-	-
Gain (Loss) On Sale Of Investments	17.4M	-21.3M	-28M	-4.4M	-900K
Gain (Loss) On Sale Of Assets	-31.8M	145M	-2M	-300K	-1.3M
Asset Writedown	-	-	-	-	-
Other Unusual Items	-11.7M	800K	-4.3M	-	42.3M
EBT, Incl. Unusual Items	-75M	160M	-65.4M	-59.2M	83.2M
Income Tax Expense	4.3M	19.7M	1.4M	5.3M	-19.4M
Earnings From Continuing Operations	-79.3M	141M	-66.8M	-64.5M	103M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-79.3M	141M	-66.8M	-64.5M	103M
Net Income - (IS)	-79.3M	141M	-66.8M	-64.5M	103M
Net Income to Common Incl Extra Items	-79.3M	141M	-66.8M	-64.5M	103M
Net Income to Common Excl. Extra Items	-79.3M	141M	-66.8M	-64.5M	103M
Per Share Items
Net EPS - Basic	-0.12	0.21	-0.1	-0.09	0.14
Basic EPS - Continuing Operations	-0.12	0.21	-0.1	-0.09	0.14
Basic Weighted Average Shares Outstanding	676M	681M	682M	684M	752M
Net EPS - Diluted	-0.12	0.21	-0.1	-0.09	0.14
Diluted EPS - Continuing Operations	-0.12	0.21	-0.1	-0.09	0.14
Diluted Weighted Average Shares Outstanding	676M	682M	682M	684M	752M
Normalized Basic EPS	-0.05	0.03	-0.03	-0.05	0.04
Normalized Diluted EPS	-0.05	0.03	-0.03	-0.05	0.04
Supplemental Items
EBITDA	252M	332M	176M	290M	428M
EBITA	69.8M	136M	-13.6M	61.8M	182M
EBIT	65.5M	133M	-18.1M	57.1M	178M
EBITDAR	254M	335M	178M	292M	442M
Effective Tax Rate - (Ratio)	-5.73	12.29	-2.14	-8.95	-23.32
Normalized Net Income	-30.56M	22.19M	-18.12M	-34.06M	26.94M
Interest Capitalized	3.7M	11.9M	19.1M	27.7M	26.9M
Interest on Long-Term Debt	56.5M	43.9M	38.8M	36.6M	39.6M
Supplemental Operating Expense Items
General and Administrative Expenses	15.6M	21.8M	23.9M	29.9M	38.6M
Exploration/Drilling Costs	5.8M	11.2M	16M	10.2M	19.8M
Net Rental Expense, Total	2M	2.1M	2.6M	2.5M	13.8M
Imputed Operating Lease Interest Expense	1.33M	1.18M	1.47M	1.49M	8.27M
Imputed Operating Lease Depreciation	675K	915K	1.13M	1.01M	5.53M
Stock-Based Comp., COGS (Total)	7.8M	1.1M	1.2M	3.1M	7.6M
Stock-Based Comp., G&A Exp. (Total)	-	-	2.6M	5.4M	13.7M
Stock-Based Comp., Other (Total)	7.6M	2.2M	-	-	-
Total Stock-Based Compensation	15.4M	3.3M	3.8M	8.5M	21.3M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	186M	482M	201M	186M	105M
Short Term Investments	45.4M	59.5M	35.6M	7.1M	5.1M
Total Cash And Short Term Investments	232M	541M	236M	193M	110M
Accounts Receivable, Total	8M	5.3M	4.4M	10.2M	21.6M
Other Receivables	74M	24.8M	11.5M	6.9M	3.4M
Total Receivables	82M	30.1M	15.9M	17.1M	25M
Inventory	93.3M	101M	116M	127M	119M
Prepaid Expenses	12.7M	14.8M	10.6M	12.5M	18.8M
Other Current Assets, Total	-900K	-600K	-1.1M	2.9M	1.3M
Total Current Assets	419M	686M	378M	352M	274M
Gross Property Plant And Equipment	3.33B	3.49B	3.76B	4.06B	3.7B
Accumulated Depreciation	-1.5B	-1.7B	-1.9B	-2.14B	-2.01B
Net Property Plant And Equipment	1.83B	1.79B	1.86B	1.93B	1.69B
Deferred Tax Assets Long-Term	-	-	-	4.9M	8.7M
Other Long-Term Assets, Total	3M	2.6M	2.1M	2.1M	33.9M
Total Assets	2.25B	2.48B	2.24B	2.29B	2B
Liabilities
Accounts Payable, Total	41.6M	52M	61.8M	64.1M	36.9M
Accrued Expenses, Total	64.5M	62.7M	70.7M	84.6M	89M
Current Portion of Leases	9.6M	9.6M	8.6M	2.6M	700K
Current Income Taxes Payable	700K	-	300K	-	500K
Other Current Liabilities	42.3M	48.6M	29.8M	77.7M	69.5M
Total Current Liabilities	159M	173M	171M	229M	197M
Long-Term Debt	489M	491M	395M	396M	397M
Long-Term Leases	19.5M	10.7M	1.3M	2.6M	2M
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	53.5M	69.6M	66.8M	74.8M	55.6M
Other Non Current Liabilities	740M	777M	650M	794M	300M
Total Liabilities	1.46B	1.52B	1.28B	1.5B	952M
Common Stock, Total	3.15B	3.16B	3.16B	3.16B	3.33B
Additional Paid In Capital	107M	108M	108M	107M	106M
Retained Earnings	-2.35B	-2.21B	-2.28B	-2.35B	-2.36B
Comprehensive Income and Other	-117M	-93M	-24.6M	-136M	-31.2M
Total Common Equity	789M	956M	960M	789M	1.05B
Total Equity	789M	956M	960M	789M	1.05B
Total Liabilities And Equity	2.25B	2.48B	2.24B	2.29B	2B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	680M	681M	683M	686M	791M
ECS Total Common Shares Outstanding	680M	681M	682M	687M	791M
Book Value / Share	1.16	1.4	1.41	1.15	1.33
Tangible Book Value	789M	956M	960M	789M	1.05B
Tangible Book Value Per Share	1.16	1.4	1.41	1.15	1.33
Total Debt	518M	511M	405M	401M	400M
Net Debt	287M	-29.7M	168M	209M	289M
Debt Equivalent Oper. Leases	16M	16.8M	20.8M	20M	110M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	21.6M	23.7M	21.2M	34.1M	-
Inventories - Work In Process, Total	9.3M	10M	12M	5.3M	-
Inventories - Finished Goods, Total	7M	14.3M	17.5M	16.8M	-
Inventories - Others	55.4M	53M	65M	70.5M	-
Machinery, Total	1.3B	1.36B	1.53B	1.58B	1.19B
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-79.3M	141M	-66.8M	-64.5M	103M
Depreciation & Amortization - CF	195M	197M	196M	235M	248M
Amortization of Goodwill and Intangible Assets - (CF)	4.3M	3.9M	4.5M	4.7M	4.7M
Impairment of Oil, Gas & Mineral Properties - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	199M	201M	200M	240M	253M
(Gain) Loss From Sale Of Asset	31.8M	-145M	2M	300K	900K
(Gain) Loss on Sale of Investments - (CF)	-17.4M	21.3M	28M	4.4M	900K
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	2.4M	1.5M	1M	800K	600K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	142M	104M	17M	113M	51M
Change In Accounts Receivable	-8.8M	9.5M	-3.5M	-4.1M	-8.8M
Change In Inventories	10.6M	-4.8M	-16M	-6.5M	2.8M
Change In Accounts Payable	21.1M	-3.9M	25.1M	6.6M	-1.7M
Change in Other Net Operating Assets	-6.7M	200K	3.5M	-1.8M	-8.3M
Cash from Operations	295M	324M	191M	288M	393M
Capital Expenditure	-284M	-247M	-293M	-266M	-271M
Sale of Property, Plant, and Equipment	112M	339M	-	-	-
Investment in Marketable and Equity Securities, Total	-2.1M	-36.4M	-4M	24.4M	900K
Other Investing Activities, Total	1.2M	1.7M	15M	7.5M	6.8M
Cash from Investing	-173M	57.4M	-282M	-234M	-263M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-263M	-10.4M	-112M	-9.3M	-2.6M
Total Debt Repaid	-263M	-10.4M	-112M	-9.3M	-2.6M
Issuance of Common Stock	10.2M	200K	900K	5.1M	167M
Other Financing Activities, Total	230M	-76.3M	-74M	-64.4M	-372M
Cash from Financing	-21.9M	-86.5M	-185M	-68.6M	-208M
Foreign Exchange Rate Adjustments	3.2M	600K	-4.5M	-300K	-1.9M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	103M	295M	-281M	-15.3M	-80.3M
Supplemental Items
Cash Interest Paid	42.8M	42.6M	37.6M	35.5M	37.7M
Cash Income Tax Paid (Refund)	-800K	3.4M	700K	2.8M	1.5M
Levered Free Cash Flow	-115M	80.32M	-105M	62.35M	76.96M
Unlevered Free Cash Flow	-84.86M	95.58M	-96.51M	63.79M	78.9M
Change In Net Working Capital	55.9M	-56M	-3.5M	-45.7M	35.1M
Net Debt Issued / Repaid	-263M	-10.4M	-112M	-9.3M	-2.6M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.86	3.51	-0.48	1.58	5.18
Return on Total Capital	2.71	5.97	-0.8	2.79	8.4
Return On Equity %	-9.06	16.11	-6.98	-7.38	11.14
Return on Common Equity	-9.06	16.11	-6.98	-7.38	11.14
Margin Analysis
Gross Profit Margin %	45.37	49.28	36.68	42.73	52.81
SG&A Margin	2.42	2.92	3.95	3.8	4.18
EBITDA Margin %	39.09	44.6	29.04	36.82	46.35
EBITA Margin %	10.85	18.31	-2.25	7.86	19.72
EBIT Margin %	10.18	17.79	-2.99	7.26	19.21
Income From Continuing Operations Margin %	-12.33	18.86	-11.05	-8.2	11.1
Net Income Margin %	-12.33	18.86	-11.05	-8.2	11.1
Net Avail. For Common Margin %	-12.33	18.86	-11.05	-8.2	11.1
Normalized Net Income Margin	-4.75	2.98	-3	-4.33	2.91
Levered Free Cash Flow Margin	-17.92	10.77	-17.34	7.93	8.32
Unlevered Free Cash Flow Margin	-13.19	12.82	-15.97	8.11	8.53
Asset Turnover
Asset Turnover	0.29	0.32	0.26	0.35	0.43
Fixed Assets Turnover	0.34	0.41	0.33	0.41	0.51
Receivables Turnover (Average Receivables)	92.58	112.11	124.62	107.74	58.14
Inventory Turnover (Average Inventory)	3.46	3.89	3.53	3.72	3.56
Short Term Liquidity
Current Ratio	2.64	3.97	2.21	1.54	1.39
Quick Ratio	1.98	3.3	1.47	0.92	0.69
Operating Cash Flow to Current Liabilities	1.86	1.87	1.11	1.26	2
Days Sales Outstanding (Average Receivables)	3.95	3.26	2.93	3.39	6.29
Days Outstanding Inventory (Average Inventory)	105.84	93.78	103.34	98.22	102.93
Average Days Payable Outstanding	44.44	44.28	52.26	49.8	42.04
Cash Conversion Cycle (Average Days)	65.36	52.76	54.01	51.81	67.18
Long Term Solvency
Total Debt/Equity	65.67	53.49	42.19	50.84	37.98
Total Debt / Total Capital	39.64	34.85	29.67	33.7	27.53
LT Debt/Equity	64.45	52.48	41.29	50.51	37.92
Long-Term Debt / Total Capital	38.9	34.19	29.04	33.48	27.48
Total Liabilities / Total Assets	64.92	61.41	57.23	65.48	47.48
EBIT / Interest Expense	1.34	5.43	-1.36	24.83	57.29
EBITDA / Interest Expense	5.43	13.66	13.71	129.09	138.84
(EBITDA - Capex) / Interest Expense	-0.41	3.52	-8.32	13.48	51.39
Total Debt / EBITDA	1.96	1.53	2.22	1.35	0.93
Net Debt / EBITDA	1.08	-0.09	0.92	0.7	0.67
Total Debt / (EBITDA - Capex)	-26.18	5.95	-3.66	12.94	2.51
Net Debt / (EBITDA - Capex)	-14.47	-0.35	-1.52	6.73	1.82
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.03	15.87	-18.93	30.13	17.55
Gross Profit, 1 Yr. Growth %	7	26.38	-39.79	51.6	45.25
EBITDA, 1 Yr. Growth %	3.54	32.84	-47.34	65.01	47.96
EBITA, 1 Yr. Growth %	436.92	98.98	-109.91	-554.41	194.98
EBIT, 1 Yr. Growth %	535.92	106.22	-113.57	-415.47	211.03
Earnings From Cont. Operations, 1 Yr. Growth %	7.89	-277.3	-147.51	-3.44	-259.07
Net Income, 1 Yr. Growth %	7.89	-277.3	-147.51	-3.44	-259.07
Normalized Net Income, 1 Yr. Growth %	-3.36	-170.86	-179.89	87.93	-179.08
Diluted EPS Before Extra, 1 Yr. Growth %	-0.23	-272.1	-148.42	-5.7	-244.65
Accounts Receivable, 1 Yr. Growth %	35.59	-33.75	-16.98	131.82	111.76
Inventory, 1 Yr. Growth %	-15.18	8.25	14.55	9.51	-6.31
Net Property, Plant and Equip., 1 Yr. Growth %	-5.17	-2.21	4.25	3.4	-12.46
Total Assets, 1 Yr. Growth %	4.24	10.08	-9.42	1.89	-12.34
Tangible Book Value, 1 Yr. Growth %	-17.89	21.11	0.38	-17.75	33.34
Common Equity, 1 Yr. Growth %	-17.89	21.11	0.38	-17.75	33.34
Cash From Operations, 1 Yr. Growth %	11.88	9.8	-41.09	50.81	36.58
Capital Expenditures, 1 Yr. Growth %	12.2	-12.98	18.44	-9.22	1.96
Levered Free Cash Flow, 1 Yr. Growth %	-421.51	-171.09	-229.69	-159.48	23.44
Unlevered Free Cash Flow, 1 Yr. Growth %	-224.36	-211.64	-200.46	-166.09	23.69
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.17	8.73	-3.08	2.71	23.68
Gross Profit, 2 Yr. CAGR %	2.27	16.05	-12.67	-4.46	48.39
EBITDA, 2 Yr. CAGR %	-0.4	17	-16.26	-6.79	56.26
EBITA, 2 Yr. CAGR %	-74.12	224.04	-55.47	-32.91	266.12
EBIT, 2 Yr. CAGR %	-74.96	258.8	-46.94	-34.58	213.24
Earnings From Cont. Operations, 2 Yr. CAGR %	-72.97	38.31	-8.22	-32.27	23.93
Net Income, 2 Yr. CAGR %	-74.72	38.31	-8.22	-32.27	23.93
Normalized Net Income, 2 Yr. CAGR %	-78.83	-16.24	-23.92	22.53	21.91
Diluted EPS Before Extra, 2 Yr. CAGR %	-74.74	31.04	-8.71	-32.43	16.79
Accounts Receivable, 2 Yr. CAGR %	-8.23	-5.22	-25.84	38.73	121.56
Inventory, 2 Yr. CAGR %	-18.88	-4.18	11.36	12	1.29
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.68	-3.7	0.97	3.82	-4.86
Total Assets, 2 Yr. CAGR %	1.84	7.12	-0.15	-3.93	-5.49
Tangible Book Value, 2 Yr. CAGR %	-8.58	-0.28	10.26	-9.14	4.72
Common Equity, 2 Yr. CAGR %	-8.58	-0.28	10.26	-9.14	4.72
Cash From Operations, 2 Yr. CAGR %	9.67	10.84	-19.57	-5.74	43.52
Capital Expenditures, 2 Yr. CAGR %	15.27	-1.19	1.52	3.69	-3.79
Levered Free Cash Flow, 2 Yr. CAGR %	-52.26	49.66	-3.68	-12.17	-14.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	-60.53	18.35	6.18	-18.52	-9.58
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	18.29	7.24	-1.4	6.92	7.44
Gross Profit, 3 Yr. CAGR %	15.31	9.6	-6.68	4.96	9.86
EBITDA, 3 Yr. CAGR %	17.38	9.46	-10.27	4.98	8.74
EBITA, 3 Yr. CAGR %	-36.55	-49.22	1.52	-3.42	9.91
EBIT, 3 Yr. CAGR %	-37.96	-49.74	20.67	-3.88	10.01
Earnings From Cont. Operations, 3 Yr. CAGR %	-20.53	-49.41	-3.14	-6.65	-9.97
Net Income, 3 Yr. CAGR %	-9.78	-51.61	-3.14	-6.65	-9.97
Normalized Net Income, 3 Yr. CAGR %	-43.75	-68.08	-16.94	2.85	5.89
Diluted EPS Before Extra, 3 Yr. CAGR %	-24.61	-52.11	-5.97	-7.72	-12.91
Accounts Receivable, 3 Yr. CAGR %	28.16	-17.68	-9.32	8.44	59.73
Inventory, 3 Yr. CAGR %	-21.54	-10.69	1.7	10.74	5.53
Net Property, Plant and Equip., 3 Yr. CAGR %	-17.02	-1.19	-1.12	1.77	-1.92
Total Assets, 3 Yr. CAGR %	-17.57	4.51	1.3	0.53	-6.82
Tangible Book Value, 3 Yr. CAGR %	-28.28	0.4	-0.06	-0	3.25
Common Equity, 3 Yr. CAGR %	-28.28	0.4	-0.06	-0	3.25
Cash From Operations, 3 Yr. CAGR %	-4.85	9.72	-10.22	-0.82	6.66
Capital Expenditures, 3 Yr. CAGR %	-19.96	4.96	4.96	-2.19	3.11
Levered Free Cash Flow, 3 Yr. CAGR %	-34.57	-45.85	42.98	-17.98	-1.62
Unlevered Free Cash Flow, 3 Yr. CAGR %	-40.66	-44.02	12.25	-9.34	-6.35
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.03	7.36	9.23	5.4	7.95
Gross Profit, 5 Yr. CAGR %	-2.26	8.24	3.09	3.79	12.34
EBITDA, 5 Yr. CAGR %	-0.33	9.67	2.45	2.7	12.02
EBITA, 5 Yr. CAGR %	71.53	90.09	-45.12	-43.17	69.58
EBIT, 5 Yr. CAGR %	61.84	100.42	-41.94	-44.08	76.73
Earnings From Cont. Operations, 5 Yr. CAGR %	-17.01	74.86	-15.82	-43.14	6.9
Net Income, 5 Yr. CAGR %	-17.01	82.21	-9.16	-44.64	6.9
Normalized Net Income, 5 Yr. CAGR %	-16.85	25.73	-36.22	-45.09	-3.16
Diluted EPS Before Extra, 5 Yr. CAGR %	-21.4	59.51	-18.61	-45.04	2.55
Accounts Receivable, 5 Yr. CAGR %	1.3	-28	2.98	1.43	29.63
Inventory, 5 Yr. CAGR %	-8.55	-7.65	-9.75	-2.23	1.53
Net Property, Plant and Equip., 5 Yr. CAGR %	-8.19	-10.94	-10.25	0.78	-2.63
Total Assets, 5 Yr. CAGR %	-9.35	-8.83	-11	1.05	-1.48
Tangible Book Value, 5 Yr. CAGR %	-17.77	-14.34	-14.82	-3.53	1.83
Common Equity, 5 Yr. CAGR %	-17.77	-14.34	-14.82	-3.53	1.83
Cash From Operations, 5 Yr. CAGR %	2.34	2.78	-11.04	3.25	8.31
Capital Expenditures, 5 Yr. CAGR %	-6.11	-14.96	-11.97	4.45	1.37
Levered Free Cash Flow, 5 Yr. CAGR %	-0.34	-20.78	-23.94	-34.21	16.5
Unlevered Free Cash Flow, 5 Yr. CAGR %	-2.45	-17.77	-24.98	-34.88	2.95